Hsbc Holdings PLC bought a new stake in shares of Curbline Properties Corp. (NYSE:CURB – Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 527,672 shares of the company’s stock, valued at approximately $16,050,000. Hsbc Holdings PLC owned about 0.46% of Curbline Properties at the end of the most recent reporting period.
Other hedge funds also recently made changes to their positions in the company. Rockefeller Capital Management L.P. increased its holdings in Curbline Properties by 125.3% during the fourth quarter. Rockefeller Capital Management L.P. now owns 1,176 shares of the company’s stock worth $27,000 after buying an additional 654 shares during the last quarter. Parallel Advisors LLC boosted its stake in Curbline Properties by 393.7% in the third quarter. Parallel Advisors LLC now owns 2,039 shares of the company’s stock valued at $45,000 after acquiring an additional 1,626 shares during the last quarter. Federation des caisses Desjardins du Quebec grew its position in shares of Curbline Properties by 25.9% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 8,128 shares of the company’s stock valued at $189,000 after acquiring an additional 1,672 shares during the period. BNP Paribas Financial Markets grew its position in shares of Curbline Properties by 28.5% during the 2nd quarter. BNP Paribas Financial Markets now owns 9,437 shares of the company’s stock valued at $215,000 after acquiring an additional 2,091 shares during the period. Finally, Tower Research Capital LLC TRC increased its stake in shares of Curbline Properties by 120.5% during the 2nd quarter. Tower Research Capital LLC TRC now owns 9,639 shares of the company’s stock worth $220,000 after purchasing an additional 5,268 shares during the last quarter.
Insider Buying and Selling at Curbline Properties
In related news, Director Alexander Otto sold 174,293 shares of the business’s stock in a transaction on Tuesday, August 25th. The stock was sold at an average price of $30.12, for a total transaction of $5,249,705.16. Following the sale, the director directly owned 7,057,394 shares in the company, valued at approximately $212,568,707.28. The trade was a 2.41% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Conor Fennerty sold 55,105 shares of the stock in a transaction dated Thursday, July 30th. The stock was sold at an average price of $30.38, for a total value of $1,674,089.90. Following the sale, the executive vice president directly owned 153,909 shares in the company, valued at $4,675,755.42. This trade represents a 26.36% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 1,078,639 shares of company stock valued at $32,478,760. 8.70% of the stock is owned by company insiders.
Wall Street Analyst Weigh In
Get Our Latest Stock Analysis on Curbline Properties
Curbline Properties Stock Down 0.7%
Curbline Properties stock opened at $29.90 on Friday. Curbline Properties Corp. has a 1-year low of $21.93 and a 1-year high of $32.15. The firm has a market capitalization of $3.44 billion, a price-to-earnings ratio of 110.75 and a beta of 0.51. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.17. The firm has a 50 day simple moving average of $30.47 and a 200 day simple moving average of $28.61.
Curbline Properties (NYSE:CURB – Get Free Report) last issued its earnings results on Tuesday, July 28th. The company reported $0.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.04 by $0.27. The business had revenue of $63.30 million for the quarter, compared to analysts’ expectations of $57.25 million. Curbline Properties had a net margin of 13.10% and a return on equity of 1.50%. The business’s revenue for the quarter was up 52.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.26 EPS. Curbline Properties has set its FY 2026 guidance at 1.240-1.260 EPS. On average, analysts predict that Curbline Properties Corp. will post 1.26 earnings per share for the current year.
More Curbline Properties News
Here are the key news stories impacting Curbline Properties this week:
- Positive Sentiment: Piper Sandler maintained an “overweight” rating while trimming its price target from $40 to $39. The new target still implies approximately 30% upside from the referenced $29.90 share price. Piper Sandler price target update
- Positive Sentiment: Jefferies initiated coverage with a “buy” rating and a $36 price target, implying roughly 20% upside. New analyst coverage can improve visibility and reinforce the investment case. Jefferies coverage initiation
- Positive Sentiment: Curbline was upgraded to Zacks Rank #2 (Buy), reflecting greater optimism about its earnings outlook. The company’s latest reported quarter also showed revenue growth of 52.9% year over year and earnings well above consensus. Zacks Curbline rating upgrade
- Neutral Sentiment: Brokerage data places Curbline’s average price target at $31.11, modestly above the referenced trading level, indicating some potential upside but less bullishness than the newest individual analyst targets. Curbline average price target
- Negative Sentiment: Director Alexander Otto sold 134,868 shares for approximately $4.07 million on August 26, following a sale of 174,293 shares worth about $5.25 million on August 25. The combined sale of 309,161 shares reduced his holdings by roughly 4.3%, although he still owns about 6.9 million shares. SEC insider ownership filing
About Curbline Properties
Curbline Properties Corp. is a real estate investment trust which is an owner and manager of convenience shopping centers positioned on the curbline of well-trafficked intersections and major vehicular corridors in suburban. Curbline Properties Corp. is based in NEW YORK.
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